Will Energy Leaders Plus Income Fund Short Squeeze Soon?

November 25, 2016Linda Rogers

The stock of Energy Leaders Plus Income Fund (TSE:HPF) is a huge mover today! About 34,600 shares traded hands or 1729900.00% up from the average. Energy Leaders Plus Income Fund (TSE:HPF) has risen 2.02% since April 26, 2016 and is uptrending. It has underperformed by 3.39% the S&P500.
The move comes after 8 months negative chart setup for the $21.08 million company. It was reported on Nov, 25 by Barchart.com. We have $5.49 PT which if reached, will make TSE:HPF worth $1.69M less.

More news for Energy Leaders Plus Income Fund (TSE:HPF) were recently published by: Marketwired.com, which released: “Energy Leaders Plus Income ETF Announces Distributions” on November 15, 2016. Marketwired.com‘s article titled: “Harvest Portfolios Group Inc. Announces Completion of ETF Conversions” and published on October 24, 2016 is yet another important article.

Energy Leaders Plus Income Fund is a closed-end investment fund. The company has a market cap of $21.08 million. The Fund’s investment objectives are to provide Unitholders with monthly cash distributions; the opportunity for capital appreciation, and lower overall volatility of portfolio returns than would otherwise be experienced by owning equity securities of the Company directly. It currently has negative earnings. The Fund invests in a portfolio of equity securities of energy issuers that have a market capitalization of at least $10 billion at the time of investment; are paying a dividend/distribution; have options in respect of their equity securities listed on a recognized options exchange, and have activities and/or offices in approximately two countries.